Caterpillar 262D3 vs Gehl 562: Which Is the Better Value?
The Caterpillar 262D3 averages $34,933 CAD at auction, compared to $9,276 for the Gehl 562. That's a $25,656 difference. Based on 24 verified Canadian auction results tracked by TrackCheck, here's the full breakdown.
The Verdict
The Gehl 562 is the better value buy for most Canadian buyers, averaging $25,656 less than the 262D3.
Caterpillar 262D3
SSL$34,933 CAD avg
$13,799
Low
$48,700
High
16
Sales
Avg 3,424 hours · 2020–2024 model years
Full price guide →Gehl 562
SSL$9,276 CAD avg
$4,705
Low
$15,306
High
8
Sales
Avg 2,774 hours · None–None model years
Full price guide →What are the key differences between 262D3 and 562?
- Price: The 562 is $25,656 cheaper on average (73% savings).
- Usage: Used 262D3s average 3,424 hours while 562s average 2,774 hours.
Both Caterpillar and Gehl retain value well. See our depreciation guide for brand rankings.
Looking for a 262D3 or 562? Check current listings with Deal Scores.
Which is the better value: 262D3 or 562?
Choose the Caterpillar 262D3 if:
- You prefer Caterpillar's dealer network and parts availability
Choose the Gehl 562 if:
- You want lower upfront cost ($25,656 savings)
- You prefer Gehl's dealer network and parts availability
How do 262D3 and 562 prices compare by year?
| Year | Caterpillar 262D3 | Gehl 562 |
|---|---|---|
| 2024 | $22,080 (1) | — |
| 2023 | $40,026 (2) | — |
| 2022 | $34,500 (1) | — |
| 2021 | $36,845 (6) | — |
| 2020 | $33,538 (6) | — |
Prices in CAD. Numbers in parentheses are sample size. Lower price highlighted.
How do 262D3 and 562 prices compare by hours?
| Hours | Caterpillar 262D3 | Gehl 562 |
|---|---|---|
| 0-999 hrs | $22,080 (1) | — |
| 1,000-1,999 hrs | — | $7,405 (2) |
| 2,000-2,999 hrs | $42,560 (6) | $4,890 (2) |
| 3,000-3,999 hrs | $30,387 (2) | $12,405 (4) |
| 4,000+ hrs | $31,531 (7) | — |
Hours matter more than age for resale value. See our hours vs age analysis.
Where can I buy a 262D3 or 562 in Canada?
Caterpillar 262D3
2020 Caterpillar 262D3
1,243 hrs · Lacombe
$69,998 CAD
2023 Caterpillar 262D3
384 hrs · Castlegar
$74,998 CAD
2021 Caterpillar 262D3
72 hrs · Brandon
$53,750 CAD
2023 Caterpillar 262D3
494 hrs · Prince George
$82,500 CAD
Gehl 562
No active listings right now.
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